Sunday, August 16, 2009

DENA BANK- AUTO FINANCE SCHEME


Dena Auto Finance Scheme

Take the smooth road to own your Dream Machine

Get on the right track with Dena Auto Loan and drive home your home machine.

YOU ARE ELIGIBLE IF:

You have a gross income of more than Rs. 75,000 p.a. For a two wheeler and a gross income of more than Rs. 1.50 lakhs p.a. for a car.

LOAN AMOUNT

Up to Rs. 50,000/- for purchase of a new two wheeler.

· Up to Rs. 8 lakhs for purchase of a new car.

MARGIN

20%

RATE OF INTEREST

Please Check out the Interest Rates Section to find latest Interest Rates applicable.

INTEREST CHARGED ON DAILY REDUCING BALANCE

NO PREPAYMENT CHARGES

SECURITY

Hypothecation of the vehicle purchased.

MODE OF DISBURSEMENT

Loan disbursed directly to the authorized dealer.

PROCESS FEES

· Two wheeler- Rs. 250/-

· Four wheelers- Rs. 500/-

REPAYMENT

Up to 60 EMIs.

This information is gathered from the bank's web site.

3 comments:

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HOME LOAN BALANCE TRANSFER said...
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